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The theory of accounting revolves around strategies, assumptions, procedures, and frameworks associated with the study of financial reporting and implementations of financial reporting principles in the accounting industry.

Accounting principles are the rules and guidelines that companies must follow when reporting financial data. The ultimate goal of any set of accounting principles is to ensure that a company’s financial statements are complete, consistent, and comparable.

Debt management is a way to get your debt under control through financial planning and budgeting. A debt management plan groups several credit card debts into one payment, cuts your interest rate and creates a 3- to 5-year repayment plan.

Firms willing to adopt new technologies and prioritize employee and client experiences will be in an ideal position to attract new clients and keep current clients happy.